Fully Staffed Modern Accounting Firm – Tempe AZ – $995,000

SOLD

Asking Price:

$995,000

Cash Flow:

$314,708

Gross Revenue:

$905,525

EBITDA:

N/A

FF&E:

N/A

Inventory:

N/A

Rent:

$4,073 per Month

Established:

1971

Business Description

This recently modernized volume-oriented firm embodies the concept of a stable and longstanding business. They are a half-century-old second-generation practice that has become a constant fixture in the heart of the east valley, occupying the current location for the last 35 years. Such a rich history in the community brings myriad advantages to this fully-staffed firm, including client loyalty and growth opportunities. The practice is fully staffed with a tenured, credentialed management team and employees who are willing to stay through the transition! In this day and age, good employees are worth their weight in gold. This business is growing steadily, and revenue for 2022 is projected to reach $955,000.

Detailed Information

Location:

Tempe, AZ

Real Estate:

Leased

Building SF:

2,961

Lease Expiration:

N/A

Employees:

8

Furniture, Fixtures, & Equipment (FF&E):

N/A

Facilities:

The firm has a strategic location in the heart of the east valley. Close to the Loop-101, US-60, and the I-10 in a very high-traffic area, which is great for visibility and client convenience. The facilities are located on the first floor of the building and visitors have ample parking. There are 5 enclosed offices and 6 workstations. They have been at this location for 35 years and have a great relationship with the landlord.

Growth & Expansion:

The Firm has been growing organically through community outreach and a strong social media presence. The facilities are large enough to accommodate five additional employees if the buyer wishes to expand the business.

Financing:

Seller will allow a 20% Holdback.

Support & Training:

The seller will provide 80 hours of training and familiarization to the buyer at no cost. This will allow the buyer to become educated on the nuances of this specific firm.

Reason for Selling:

Career Change

Want To Sell Your Practice?

Fill out the form below and we’ll be in touch!

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.

Be the first to get notified about new listings